The Nigerian National Petroleum Company Limited (NNPC) is ending its exclusive purchase agreement with Dangote Refinery, opening up the market […]
Category: Oil and Gas
Crude-for-loans: NNPCL vote eight million barrels monthly for $8.8bn debt – Report
•Firm repays $2.61bn, owes $6.25bn as Nigeria loses 264m crude barrels to theft, others The Nigerian National Petroleum Company Limited […]
NNPCL can produce 3 million barrels of oil daily, says NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) , declared on Saturday in Abuja that production of 3 million barrels of […]
Saudi Arabia warns oil prices could drop to $50
Saudi Energy Minister Prince Abdulaziz bin Salman has warned fellow OPEC+ ministers that if other producers continue to flout their […]
Nigeria set to approve Exxon-Seplat asset deal in days
Nigeria is poised to approve ExxonMobil’s $1.28bn deal to sell its onshore assets to Seplat Energy in the coming days, following […]
ExxonMobil expands energy projects across Africa, eyes growth
ExxonMobil has announced significant progress on various energy initiatives across Africa, reinforcing its position as a key player in the […]
Algeria, Niger advances on plans for trans-Saharan gas pipeline project
Algeria and Niger discussed key steps to advance the Trans-Saharan Gas Pipeline (TSGP) project during a visit by Niger’s […]
NEITI, NNPC-L differ on crude oil sales audited accounts
THE latest report by the Extractive Industries Transparency Initiative (NEITI) on crude oil sale presents a marked difference from […]
NEITI: Oil, gas companies owe FG $6bn, N66bn
The Nigeria Extractive Industries Transparency Initiative (NEITI) says outstanding revenues due to the federal government in the oil and gas […]
ExxonMobil plans $10bn offshore investment in Nigeria
ExxonMobil has announced plans to invest $10bn in offshore oil projects in Nigeria, marking a significant push in its commitment […]

